381 Highway 8 N/A, Hamilton, Ontario L9H 5E1

  • $5,250,000
381 Highway 8 N/A, Hamilton, Ontario L9H 5E1
Active
381 Highway 8 N/A, Hamilton, Ontario L9H 5E1
  • $5,250,000

Overview

Property ID: X5930248
  • Commercial Sale, Industrial
  • Property Type
  • 3
  • Bathrooms
  • 44.66
  • Sqft

Description

Great industrial investment property with upside potential. Main Tenants are a long term federally approved cannabis growing facility supported by additional land leases with strong covenants for compelling cap rate. Potential for additional income with the renovation of currently vacant building with roughly 6000 square feet of space. Over 44 acres of land on Highway 8 with easy access to Highway 5. Multiple buildings with ample loading doors both drive-in and truck level (three with levelers). Zoning exception allows for warehouse use for increased potential. Clear heights vary throughout the industrial spaces from 12′ to 15’4″ in the main building. Secondary buildings currently used as storage, but boast power, floor plans, and clear heights allowing tremendous possibilities.

  • Address 381 Highway 8 N/A
  • City Hamilton
  • State/county Ontario
  • Zip/Postal Code L9H 5E1
  • Area Rural Flamborough

Details

Updated on November 15, 2023 at 3:39 pm
  • Property ID: X5930248
  • Price: $5,250,000
  • Property Size: 44.66 Sqft
  • Bathrooms: 3
  • Garage Size: x x
  • Property Type: Commercial Sale, Industrial
  • Property Status: Active
  • MLS#: X5930248

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